OM Holdings ups stake in Bryah Basin JV
Earlier this month, OM Holdings also expanded its relationship with another emerging manganese company, Bryah Resources (ASX: BYH).
After earning 20% in a Bryah Basin manganese joint venture by spending $500,000, the Singapore company committed itself to a further $500,000, which would increase its holding in the project to 30%.
The Bryah Basin project is located north of Meekatharra, WA. Byrah Resources’ tenements and manganese mineral rights cover 880sq km over parts of the western Bryah Basin, which also hosts a number of historical manganese workings, the largest being the Horseshoe South Manganese mine.